Financials
Financial year 2025
TIMECO SERVICES from Wevelgem, company number BE0775992179, closed financial year 2025 with a result of € 16,916 after tax. For that financial year TIMECO SERVICES recorded a gross margin of € 33,901 and equity of € 120,057. Compared with financial year 2024, the result moved from € 19,387 to € 16,916. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 120,057
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,916
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 20,277
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 119,057.
People and assets in 2025
€ 19,104
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,949
▼ 38% vs 2024
€ 30,715 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,845
▲ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,068
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,010 | € 31,742 | € 35,783 | € 33,901 | ▼ 5% |
| Profit after taxes | € 63,785 | € 18,969 | € 19,387 | € 16,916 | ▼ 13% |
| Equity | € 64,785 | € 83,754 | € 103,141 | € 120,057 | ▲ 16% |
| Total debts | € 140,468 | € 124,046 | € 103,693 | € 71,862 | ▼ 31% |
| Cash | € 35,484 | € 24,170 | € 15,467 | € 20,277 | ▲ 31% |
| Retained profit | € 63,785 | € 82,754 | € 102,141 | € 119,057 | ▲ 17% |
| Bank debt | € 117,388 | € 91,909 | € 80,158 | € 49,949 | ▼ 38% |
| Balance sheet total | € 205,253 | € 207,800 | € 206,834 | € 191,918 | ▼ 7% |
By gross margin, TIMECO SERVICES ranks 115th of 141 companies with main activity “Activiteiten van holdings” in Wevelgem that publish figures (fiscal year 2025).
Key figures of TIMECO SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about TIMECO SERVICES the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TIMECO SERVICES?
What happened at TIMECO SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,916 (▼ 13% vs 2024). Source: NBB ↗
- Mélissa Vandenbulcke became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Celles (lez-Tournai). KBO
- Tim De Smedt became a director. NBB
In short
From € 63,785 profit in 2022 to € 16,916 profit in 2025.
Paid € 39,025 in corporate taxes since 2022.
Best year ever: 2022, with € 63,785 profit.
Management
Behind TIMECO SERVICES are Mélissa Vandenbulcke and Tim De Smedt.
Directors
According to the 2025 annual accounts
Mélissa Vandenbulcke
Director
since 2023
Tim De Smedt
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Vliegveld 37
8560 Wevelgem
Rue du Palais (POT) 10
7760 Celles (lez-Tournai)
Active since 21 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- De Smedt Tim Rob(oprichter) 100%
Details
- Company number
- 0775.992.179
- VAT number
- BE 0775.992.179
- Registered office
- Vliegveld 37, 8560 Wevelgem
- Names & denominations
- TIMECO SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2021
- Peppol
- Active · Active since 12 Nov 2025
- Contact
- lobeco.be
- Activities · NACE
Activiteiten van holdings
Holdings
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